On behalf of Lins Law Group, P.A. posted in Probate on Monday, May 19, 2014.

If the Settlor does not take the steps necessary to fund a Living Trust, in most instances a probate will be necessary in order to allow the transfer or liquidation of the Settlor's assets. This would apply to most assets which are titled only in the Settlor's name and which do not have a beneficiary or a POD designation.

On behalf of Lins Law Group, P.A. posted in Probate on Thursday, May 1, 2014.

When a person establishes a Living Trust (also sometimes called a "Revocable Trust" or an "Inter Vivos Trust"), they have only taken the first step in implementing the Trust. The next step is to "fund" the Trust.

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